Change in Control and Proposed Change in Control Defined. (i) No benefits shall be payable to Executive pursuant to this Section 6 unless there has been a Change in Control of the Company as set for the below. For purposes of this Agreement a “Change in Control” shall mean a Change in Control of Company of a nature that would be required to be reported in response to Item 1 (a) of the Current Report on Form 8-K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”); provided that, without limitation, such a Change in Control shall be deemed to have occurred at such time as:
Appears in 4 contracts
Samples: Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.)
Change in Control and Proposed Change in Control Defined. (i) No benefits shall be payable to Executive Clare pursuant to this Section 6 unless there has been a Change in Control of the Company as set for the below. For purposes of this Agreement a “"Change in Control” " shall mean a Change in Control of Company of a nature that would be required to be reported in response to Item 1 (a) of the Current Report on Form 8-K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"); provided that, without limitation, such a Change in Control shall be deemed to have occurred at such time as:
Appears in 1 contract
Samples: Employment Agreement (Championship Auto Racing Teams Inc)
